e-journal

Cultural Influence in the Practice of Corporate Governance in Emerging Markets

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Abstract.
Corporate governance seeks to ensure a fair return on the investment and it also establishes
incentives and procedures that meet the interests of shareholders while respecting other
stakeholders’ interests in the organization. Corporate governance has become one of the hottest
topics of discussion in the circle of regulators, practitioners and academic in the aftermath of recent
financial crisis. The financial crisis pint points the lack of corporate governance practice and that
many institutions have taken heed to ensure compliance of corporate governance to win back the
confidence of investors and regulators. Well-developed theories like agency theory, stewardship
theory, hegemony theory and transaction cost theory could be used to understand the concept of
corporate governance. The aims of this research are to anlayse the concept of corporate governance
and see the level of adherence to corporate governance in emerging economies. The research also
endeavors to link the cultural influence in the adoption of corporate governance. As there are only
limited researches so far on the corporate governance and related issues in emerging markets, this
research would contribute to the existing knowledge by filling the gap on corporate governance in
emerging markets.

Keywords: Corporate Governance, Culture, Emerging Market.

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Informasi Detail

Judul Seri

Communications of the IBIMA

No. Panggil

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Penerbit

: IBIMA Publishing., 2012

Deskripsi Fisik

Communications of the IBIMA. Vol. 2012 (2012), Article ID 444553, 10 pages

Bahasa

English

ISBN/ISSN

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Klasifikasi

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Tipe Isi

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Tipe Media

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Tipe Pembawa

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Edisi

Vol. 2012 (2012)

Subjek

PEMASARAN

Info Detail Spesifik

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Pernyataan Tanggungjawab

agus

Versi lain/terkait

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